Innovation vouchers and cooperation: a different approach in two countries with a shared history

Innovation vouchers are a tool of innovation policy, which aims to initiate cooperation between different actors, particularly between the business and research entities. The paper compares the implementation of vouchers in the Czech Republic and Slovakia. Its objective is to compare the policy approaches to innovation vouchers in two countries in Central Europe which have a shared history, but which, at some point, went their own way. Vouchers in Czechia have a longer tradition and were first initiated at the regional level. In Slovakia, vouchers were only implemented at the national level and with a lower budget. The research confirmed the persistent differences in the innovation policies and the more proactive approach in Czechia. The paper's contribution also lies in the focus on transitive economies, which have received less research attention so far. Implications for the design of innovation policies in countries with emerging innovation systems are included.